Legal-and-Financial
Five benefits of converting life insurance to cash
by Maryalene LaPonsie
Thinking about converting a life insurance policy to cash? Here are five benefits for selling a life insurance policy as well as important considerations to think about before you make a decision.
How life insurance can pay for long-term care
by Maryalene LaPonsie
MetLife Mature Market Institute's 2011 survey of senior care costs estimated the annual cost of a private nursing room at $87,235. Long-term care costs can be expensive, so how can you or your elder afford those costs? Selling a life insurance policy is one way.
The Baker Act: protecting those with mental illness
by Lisa Tortorello
When you have an elderly loved one who resides in a long-term care facility, protecting his/her safety and dignity is probably your highest priority. If your friend or family member lives in Florida, he/she can feel secure under the protection of the Baker Act. Learn about this important legislation, here.
Related Articles
Click on the links below to see helpful articles and checklists on various elder care topics.
- Who is looking after residents in long-term care?
- Will you be able to afford long-term care? 5 ways to prepare
- Ethical crossroads in elder care
- Health care's wake-up call: consumer safety and fraud
- States' high-risk insurance pools aside, some caregivers may still be out of luck
- Family caregivers can have issues if they don't keep good records
- Pre-paid funerals: is this an option for you?
- Surviving financial discussions with your parents
- An overview of senior care agency costs
- Family and Medical Leave Act for caregivers
- Patient advocacy and caregiving
- When do elders lose the right to make their own decisions?
- Discovering the importance of organ donation
- Ethics compliance: long-term care's reform horizon
- Elder abuse can be subtle
- Tax planning tips for seniors
- Do you really need an advance health directive?
- The top five scams aimed at seniors
- A primer on long-term care insurance
- Talking with parents about end-of-life issues
- Using life insuance to preserve your legacy
- Why you need a health care directive
- A quick guide to understanding Medicare
- Medicaid spend down and personal assets: tips for eligiblity
- Understanding and selecting a financial power of attorney
- Planning for senior care costs
- Writing a living will can be daunting: where to start?
